The Political Economy of Economic Freedom

The Political Economy of Economic Freedom
Author: Alan T. Peacock
Publisher: Edward Elgar Publishing
Total Pages: 360
Release: 1997-01-01
Genre: Business & Economics
ISBN: 9781782542797

'The captivating nature of these contributions to political economy - which were all published between 1976 and 1996, but mostly in the last decade - is a clear reflection of Sir Alan's authoritative standing both as an academic economist and a government economic advisor. . . . the book addresses a wide range of philosophical questions and practical policy issues, thus offering plenty of stimulating material for both the theoretical and applied economist, as well as other social scientists.' - M. Teresa Lunati, The Economic Journal '. . . many of the papers are worth reading, and each paper has a useful introduction explaining the context in which it was written. The best part of the book is the selection of papers in the last part, especially his [Alan Peacock's] discussions of the regulation of broadcasting. There is much for an economist to learn from these papers: the role economists can play in public policy debates, the inner workings of committees, the role of information control in policy decisions.' - William Sjostrom, Kyklos The Political Economy of Economic Freedom brings together a timely selection of Sir Alan Peacock's views on economic freedom, its philosophy, its influence on the critique of economic policy and the problems encountered in expanding it.

Austrian Economics and the Political Economy of Freedom

Austrian Economics and the Political Economy of Freedom
Author: Richard M. Ebeling
Publisher: Edward Elgar Publishing
Total Pages: 304
Release: 2003
Genre: Business & Economics
ISBN:

He shows the continuities between the positive contributions of the classical economists and the Austrian's in contrast to the neoclassical conceptions of man, the market economy and theory-formation for policy applications. Particular emphasis is given to the Austrian view of the human actor as creative innovator and planner who changes his world to improve his circumstances in comparison to the neoclassical idea of man as a passive economizer within given constraints. The Austrian approach is applied to the problems of the regulated economy, socialist central planning, the welfare state, monetary policy, international trade, and the hundred-year conflict between classical liberalism and collectivism.

The Economics of Freedom

The Economics of Freedom
Author: Sebastiano Bavetta
Publisher: Cambridge University Press
Total Pages: 223
Release: 2012-06-29
Genre: Political Science
ISBN: 113951072X

What is freedom? Can we measure it? Does it affect policy? This book develops an original measure of freedom called 'Autonomy Freedom', consistent with J. S. Mill's view of autonomy, and applies it to issues in policy and political design. The work pursues three aims. First, it extends classical liberalism beyond exclusive reliance on negative freedom so as to take autonomous behavior explicitly into account. Second, it grounds on firm conceptual foundations a new standard in the measurement of freedom that can be fruitfully coupled with existing gauges. Third, it shows empirically that individual preferences for redistribution and cross-country differences in welfare spending in Organisation for Economic Co-operation and Development (OECD) countries are driven by the degree of 'autonomy freedom' that individuals enjoy. By means of an interdisciplinary approach and a sophisticated econometric methodology, the book takes an explicit stand in defense of freedom and sets the basis for a liberalism based upon people's actions and institutions.

Economic Freedom and Prosperity

Economic Freedom and Prosperity
Author: Benjamin Powell
Publisher: Routledge
Total Pages: 266
Release: 2018-10-03
Genre: Business & Economics
ISBN: 0429813201

Economic theory and a growing body of empirical research support the idea that economic freedom is an important ingredient to long-run economic prosperity. However, the determinants of economic freedom are much less understood than the benefits that freedom provides. Economic Freedom and Prosperity addresses this major gap in our knowledge. If private property and economic freedom are essential for achieving and maintaining a high standard of living, it is crucial to understand how improvements in these areas have been achieved and whether there are lessons that can be replicated in less free areas of the world today. In this edited collection, contributors investigate this research question through multiple methodologies. Beginning with three chapters that theoretically explore ways in which economic freedom might be better achieved, it then moves on to a series of empirical chapters that examine questions including the speed and permanence of reform, the deep long-run determinants of economic freedom, the relationship between voice and exit in impacting freedom, the role of crises in generating change, and immigration. Finally, the book considers the evolution of freedom in China, development economics, and international trade, and it concludes with a consideration of what is necessary to promote a humane liberalism consistent with economic freedom. Economic Freedom and Prosperity will be of great interest to all social scientists concerned with issues of institutional change. It will particularly appeal to those concerned with economic development and the determinants of an environment of economic freedom.

Handbook of Research on Economic Freedom

Handbook of Research on Economic Freedom
Author: Niclas Berggren
Publisher: Edward Elgar Publishing
Total Pages: 439
Release: 2024-04-12
Genre: Business & Economics
ISBN: 1802206159

This seminal Handbook provides a comprehensive overview of contemporary research on economic freedom, using multidisciplinary methods to assess studies of the determinants and consequences of market-oriented institutions and policies. Niclas Berggren brings together world-leading experts in their respective fields to explore the notion of economic freedom in the history of economic thought, to present measures of economic freedom and to provide overviews of the latest empirical research.

The Political Economy of Press Freedom

The Political Economy of Press Freedom
Author: Jaw-Nian Huang
Publisher: Routledge
Total Pages: 172
Release: 2019-08-01
Genre: Political Science
ISBN: 0429939345

This book offers a political economy analysis of the development and degradation of freedom of the press in Taiwan since 1949, exploring how state-business elites and foreign hegemons interacted to shape the evolution of Taiwan’s media. It examines why freedoms increased alongside democratization in the 1990s but deteriorated after the second peaceful turnover of power in 2008 and why significant improvements accompanied Taiwan’s close economic connections with the US during the Cold War, only to become eroded as the country developed deeper economic ties with China in the 21st century. Presenting both a domestic and international perspective, this study of the controversial case of Taiwan ultimately argues in favor of three factors. First, state power is not the only threat to press freedom, as corporate organizations and market forces may also play a role in curtailing it. Second, cross-national economic connections do not always improve human and civil rights but may cause damage when they involve more powerful authoritarian countries. Third, just as norms diffuse from liberal contexts to repressive states, repressive norms are also likely to diffuse from powerful authoritarian countries to more liberal but politically and economically weaker ones. Providing a new viewpoint on China’s media control overseas, The Political Economy of Press Freedom will be useful for students and scholars of Chinese Studies and Taiwan Studies as well as comparative politics, international relations and Media Studies.

The Economics of Abundance

The Economics of Abundance
Author: Wolfgang Hoeschele
Publisher: CRC Press
Total Pages: 403
Release: 2016-03-23
Genre: Business & Economics
ISBN: 1317034651

No matter how many resources we consume we never seem to have enough. The Economics of Abundance is a balanced book in which Wolfgang Hoeschele challenges why this is so. He claims that our current capitalist economy can exist only on the basis of manufactured scarcity created by 'scarcity-generating institutions', and these institutions manipulate both demand and supply of commodities. Therefore demand consistently exceeds supply, and profits and economic growth can continue - at the cost of individual freedom, social equity, and ecological sustainability. The fact that continual increases in demand are so vital to our economy leads to an impasse: many people see no alternative to the generation of ever more demand, but at the same time recognize that it is clearly unsustainable ecologically and socially. So, can demand only be reduced by curtailing freedom and is this acceptable? This book argues that, by analyzing how scarcity-generating institutions work and then reforming or dismantling them, we can enhance individual freedom and support entrepreneurial initiative, and at the same time make progress toward social justice and environmental sustainability by reducing demands on vital resources. This vision would enable activists in many fields (social justice, civil liberties, and environmental protection), as well as many entrepreneurs and other members of civil society to work together much more effectively, make it more difficult to portray all these groups as contradictory special interests, and thereby help generate momentum for positive change. Meanwhile, for academics in many fields of study, the concept of the creation of scarcity or abundance may be a highly useful analytical tool.

Wealth and Freedom

Wealth and Freedom
Author: David P. Levine
Publisher: Cambridge University Press
Total Pages: 208
Release: 1995-03-31
Genre: Business & Economics
ISBN: 9780521447911

Modern life places a special emphasis on private affairs. Social institutions, and especially our economies, have been organized to facilitate the pursuit of private interests. At the center of this private world is a system of private property which, more than anything, satisfies our wants. Political economy studies the properties of this private world: How does it work, and how well does it satisfy our wants? What are the limits of the world of private affairs? Wealth and Freedom provides an introduction to political economy for the student or other interested nonspecialist. The book explores such key issues as the place of our economy in the larger social system, the importance of market institutions for individual autonomy, private enterprise as a system of economic development, poverty and inequality in market economies, global inequality, and the limits of the market and the role of government. Wealth and Freedom is distinctive in employing a rights-based approach to understanding and evaluating economic institutions. The author emphasizes the distinction between needs and wants as the basis for establishing the limits of the market, and concludes the book with a discussion of the relation between private wants and public ends.